Submission of Scrutinizer''s Report on Postal Ballot Voting results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Yash Innoventures Ltd (formerly Redex Protech Limited) submitted the scrutinizer's report on postal ballot results concluded on April 4, 2026. Shareholders approved all four special resolutions with overwhelming majority. Resolution 1 (increasing borrowing limit under Section 180(1)(c)) and Resolution 2 (raising limits under Section 186) each received 10,622,146 votes in favor out of 10,622,149 polled (99.99997%). Resolution 4 (loan to M/s Prime Financials & Co. under Section 186) also passed with 99.99997% approval. Resolution 3 (loan to M/s CVM Industrial Park LLP under Sections 185 and 186) passed with 99.72% in favor, though promoters abstained from voting on this related-party item and their 10,621,082 shares were treated as invalid. Total of 10,526 shareholders were on record, with only 12 shareholders participating in voting.
The company has cleared the path to raise additional borrowings and extend loans to third parties, including a potential related-party entity (CVM Industrial Park LLP). Shareholders should note the increased borrowing capacity and related-party loan approval, which may lead to higher debt levels on the balance sheet going forward.